What is the head of household deduction?

Answer The head of household status is an option you can select when filing your federal tax returns. It allows for a higher standard deduction than someone who is filing as a single person.How to FileYou... Read More »

Top Q&A For: What is the head of household deduction

What is Head of Household?

Filing federal income taxes and having the proper income taxes withheld is based on multiple factors. One of the primary determinations in the amount of taxes you owe is based on your filing status.

What is the tax definition of head of household?

In addition to filing individually or jointly, some Americans are able to file as a head of household for federal income taxes purposes. To qualify as a head of household, a person must meet specif... Read More »

What is head of household for tax purposes?

Taxpayers must choose a filing status that most closely matches their tax situation. For example, married couples can choose to file married filing jointly or married filing separately, while sing... Read More »

What qualifies as head of household?

The Internal Revenue Service permits a taxpayer to file as head of household if she is unmarried and pays 50 percent of more of the costs associated with maintaining a residence for herself and at ... Read More »